In this State of Stables special, Messari’s @0xSynthesis1 explores the cross-border stablecoin economy with Arnold Lee, co-founder of @sphere_labs. 1:11 What Sphere Is 3:22 User Benefits 15:39 How Liquidity Works 25:33 Role in Routing 34:52 Use Cases 44:39 Competitors 47:27 Future and Risk

stablecoins represent a new paradigm for open finance they’re proxy currency accounts providing access and stability they’re programmable assets with 10x the velocity of US dollars generational technology and still just 0.3% of global money today

I’m starting my own crypto native research firm over the next 2-3 months. Thought about this for a while and it’s something I can’t avoid doing any longer, it just makes too much sense. There’s a lot more work that needs done on this, so if I’m quieter than usual, that’s why :)

the success of the PUMP ico is a win for all application builders in crypto apps now command the crowd and capital

payments is one of the blatantly obvious usecases where blockchains are substantially better than existing systems super bullish on teams like @sphere_labs executing here

gamification is dead focus on making your users rich

if he can repeat, I may have to move back this is too good

payments don’t converge, they localize another great update from the team @sphere_labs

The single greatest commercial success story from this era of Solana will be @sphere_labs Crypto muses about disrupting the financial system, Sphere is a 0 to 1 move in that direction. Bookmark this, from individuals to big business the money will be moving via Sphere

you know it’s bad when Kanye is the peace maker